Table of Contents

आवर्ती जमा (आरडी)
सावधि जमा (एफडी)
आवर्ती जमा बनाम सावधि जमा
आवर्ती जमा बनाम सावधि जमा: अधिक कमाई कहां से करें?
अन्य विकल्प
- लिक्विड/अल्ट्रा शॉर्ट डेट म्यूचुअल फंड
Top 10 Funds

आवर्ती जमा बनाम सावधि जमा: कौन सा बेहतर है?

Updated on April 16, 2024 , 9194 views

आवर्ती जमा बनाम सावधि जमा? सोच रहे हैं कि अपना पैसा कहां बचाएं? खैर, कई बार निवेशक भ्रमित हो जाते हैं कि आवर्ती जमा (आरडी) में निवेश करें या सावधि जमा (एफडी) हालांकि वे सबसे लोकप्रिय बचत योजनाएं हैं, विशेष रूप से जोखिम से बचने वाले निवेशकों के बीच, यह समझना महत्वपूर्ण है कि आरडी और एफडी एक दूसरे से कैसे भिन्न हैं और कौन सा बेहतर हैनिवेश विकल्प।

आवर्ती जमा (आरडी)

आरडी एक हैवित्तीय साधन मुख्य रूप से बचत को प्रोत्साहित करने की दिशा में निर्देशित। इस योजना में, निवेशकों के पास हर महीने एक विशिष्ट राशि को या तो एक में बचाने की सुविधा होती हैबैंकया वित्तीय संस्थान का आरडी खाता पूर्व निर्धारित अवधि के लिए और इस राशि पर ब्याज अर्जित करें। परिपक्वता पर, मूल राशि के साथ ब्याज का भुगतान किया जाता है।

सावधि जमा (एफडी)

सावधि जमा एक प्रकार के वित्तीय साधन हैं जो बैंकों द्वारा एक निश्चित पूर्वनिर्धारित अवधि के लिए प्रदान किए जाते हैं और aब्याज की निश्चित दर. इस योजना में FD खाता बनाते समय एक बार एक निश्चित राशि जमा की जाती है। कार्यकाल के अंत में, चुने हुए कार्यकाल के लिए ब्याज राशि की गणना मूल राशि के साथ की जाती है और कुल राशि का भुगतान संचयी रूप से किया जाता है।

आवर्ती जमा बनाम सावधि जमा

मापदंडों	आवर्ती जमा (आरडी)	सावधि जमा (एफडी)
कार्यकाल	आरडी का कार्यकाल आमतौर पर 6 महीने से लेकर 10 साल तक होता है	FD योजना का कार्यकाल 7 दिनों से 10 वर्ष के बीच होता है
ब्याज गणना	कंपाउंडिंग आम तौर पर आरडी योजना के लिए हर तिमाही पर ब्याज मिलता है	FD में, चक्रवृद्धि ब्याज की गणना हर साल अर्जित ब्याज पर की जाती है
पात्रता	सभी निवासी भारतीय और हिंदू अविभाजित परिवार (HUF) RD खाता खोलने के पात्र हैं। यह खाता नाबालिगों के लिए उनके माता-पिता या कानूनी अभिभावकों द्वारा भी खोला जा सकता है	सभी निवासी भारतीय और हिंदू अविभाजित परिवार (एचयूएफ) एक सावधि जमा खाता खोलने के पात्र हैं
कर लाभ	इस योजना में कोई कर लाभ नहीं दिया जाता है	सावधि जमा के लिए, के तहत कर छूटधारा 80सी काआयकर अधिनियम 1961 लागू है। यह 5 साल से अधिक की जमाराशियों के लिए लागू है (मौजूदा कानूनों के अनुसार)
प्रतिफल दर	ब्याज दर FD के समान है लेकिन आमतौर पर, कार्यकाल और मासिक निवेश राशि पर निर्भर करती है	ब्याज दर RD के समान है लेकिन निर्भर करती हैराजधानी और कार्यकाल चुना गया
अतिरिक्त लाभ	अधिकांश बैंक जमा मूल्य के 90% तक ऋण प्रदान करते हैं	अधिकांश बैंक जमा मूल्य के 70% - 90% तक ऋण प्रदान करते हैं।
निकासी	कुछ मामलों में, बिना दंड के समय से पहले निकासी की अनुमति है। जबकि कुछ बैंक जुर्माना लगा सकते हैं	दंड के साथ समयपूर्व निकासी की अनुमति है
आय रुचि	आरडी पर अर्जित ब्याज कर योग्य है और अधिकांश बैंक टीडीएस काटते हैं	FD पर अर्जित ब्याज कर योग्य है और अधिकांश बैंक TDS काटते हैं

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आवर्ती जमा बनाम सावधि जमा: अधिक कमाई कहां से करें?

चूंकि आरडी और एफडी दोनों जोखिम से बचने वाले निवेशकों के लिए उपयुक्त हैं, इसलिए अंतिम विकल्प किसी की जरूरतों पर निर्भर करता है। एक FD खाते में, जमा की गई प्रारंभिक एकमुश्त राशि पर ब्याज संयोजित होता है। जमा की गई पूरी राशि पर एक साल का ब्याज मिलता है। हालांकि, आरडी में, केवल पहली जमा राशि पर पहले साल यानी 12 महीने के लिए ब्याज मिलता है। दूसरी जमा राशि पर 11 महीने के लिए, तीसरे पर 10 महीने के लिए ब्याज मिलता है, इत्यादि। कंपाउंडिंग प्रभाव सावधि जमा को निवेशकों के लिए उच्च रिटर्न उत्पन्न करने में सक्षम बनाता है।

हालांकि समय के साथ, कोई व्यक्ति सावधि जमा (उदाहरण नीचे दिखाया गया है) के साथ अधिक पैसा कमा सकता है, लेकिन इसमें मासिक छोटी राशि जमा करने में सक्षम होने के मामले में आवर्ती जमा खाते की लचीलापन नहीं है। इसलिए, जिनके पास निवेश करने के लिए एकमुश्त राशि नहीं है, वे मासिक निवेश को प्राथमिकता दे सकते हैं।

बेहतर समझ के लिए, हमने दोनों योजनाओं में अंतर को स्पष्ट किया है। इसलिए उपयोगकर्ता स्पष्ट रूप से समझ सकते हैं और अच्छी तरह से चुन सकते हैं।

चित्रण:

आइए मान लें कि आप निवेश करते हैंINR 1000 (मासिक एक वर्ष के लिए) एक आवर्ती जमा में और आपने एकमुश्त निवेश किया हैINR 12,000 वर्ष की शुरुआत में सावधि जमा में। ये दोनों उत्पाद आपको तिमाही चक्रवृद्धि ब्याज 9 प्रतिशत प्रदान करते हैं। ऐसाआय इन दो योजनाओं में से नीचे दिया गया है-

विवरण	आवर्ती जमा (आरडी)	सावधि जमा (एफडी)
निवेश की गई राशि	INR 5,000 (मासिक)	INR 60,000 (एकमुश्त)
कार्यकाल	12 महीने	12 महीने
वार्षिक ब्याज दरें	6%	6%
अर्जित की गई कुल राशि	INR 61,986	INR 63,701
शुद्ध लाभ	INR 1,986	INR 3,701

अब जब आप RD और FD के बीच मुख्य अंतर जानते हैं, तो आप किसी एक को चुन सकते हैं और समझदारी से निवेश कर सकते हैं। हालांकि FD, RD की तुलना में बेहतर ग्रोथ देता है, लेकिन ज्यादातर समय, आपकी सभी जरूरतों को पूरा करने के लिए किसी एक इंस्ट्रूमेंट के लिए संभव नहीं है। इसलिए, जब आपके पास निवेश करने के लिए एकमुश्त राशि नहीं है, तो आप हर महीने अपनी आय में से एक छोटी राशि बचा सकते हैं और एक आवर्ती जमा में निवेश कर सकते हैं!

अन्य विकल्प

लिक्विड/अल्ट्रा शॉर्ट डेट म्यूचुअल फंड

1. Aditya Birla Sun Life Savings Fund

The primary objective of the schemes is to generate regular income through investments in debt and money market instruments. Income maybe generated through the receipt of coupon payments or the purchase and sale of securities in the underlying portfolio. The schemes will under normal market conditions, invest its net assets in fixed income securities, money market instruments, cash and cash equivalents.

Aditya Birla Sun Life Savings Fund is a Debt - Ultrashort Bond fund was launched on 16 Apr 03. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 7.4% since its launch. Ranked 6 in Ultrashort Bond category. Return for 2023 was 7.2% , 2022 was 4.8% and 2021 was 3.9% .

Below is the key information for Aditya Birla Sun Life Savings Fund

Aditya Birla Sun Life Savings Fund Growth
Launch Date	16 Apr 03
NAV (18 Apr 24)	₹500.942 ↑ 0.15 (0.03 %)
Net Assets (Cr)	₹12,705 on 29 Feb 24
Category	Debt - Ultrashort Bond
AMC	Birla Sun Life Asset Management Co Ltd
Rating	☆☆☆☆☆
Risk	Moderately Low
Expense Ratio	0.52
Sharpe Ratio	1.49
Information Ratio	0
Alpha Ratio	0
Min Investment	1,000
Min SIP Investment	1,000
Exit Load	NIL
Yield to Maturity	8%
Effective Maturity	6 Months 4 Days
Modified Duration	5 Months 12 Days

Growth of 10,000 investment over the years.

Date	Value
31 Mar 19	₹10,000
31 Mar 20	₹10,773
31 Mar 21	₹11,456
31 Mar 22	₹11,933
31 Mar 23	₹12,579
31 Mar 24	₹13,513

Aditya Birla Sun Life Savings Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132 Invest Now

Returns for Aditya Birla Sun Life Savings Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Apr 24

Duration	Returns
1 Month	0.8%
3 Month	2.1%
6 Month	3.8%
1 Year	7.5%
3 Year	5.8%
5 Year	6.2%
10 Year
15 Year
Since launch	7.4%

Historical performance (Yearly) on absolute basis

Year	Returns
2023	7.2%
2022	4.8%
2021	3.9%
2020	7%
2019	8.5%
2018	7.6%
2017	7.2%
2016	9.2%
2015	8.9%
2014	9.7%

Fund Manager information for Aditya Birla Sun Life Savings Fund

Name	Since	Tenure
Sunaina Cunha	20 Jun 14	9.79 Yr.
Kaustubh Gupta	15 Jul 11	12.72 Yr.
Monika Gandhi	22 Mar 21	3.03 Yr.
Dhaval Joshi	21 Nov 22	1.36 Yr.

Data below for Aditya Birla Sun Life Savings Fund as on 29 Feb 24

Asset Allocation

Asset Class	Value
Cash	31.2%
Debt	68.48%
Other	0.31%

Debt Sector Allocation

Sector	Value
Corporate	62.25%
Cash Equivalent	19.08%
Government	18.23%
Securitized	0.12%

Credit Quality

Rating	Value
AA	32.11%
AAA	67.89%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
HDFC Bank Limited Debentures \| -	5%	₹597 Cr	6,000
Nirma Limited Debentures \| -	4%	₹500 Cr	50,000
DBS Bank India Ltd. Debentures \| -	4%	₹464 Cr	10,000 ↑ 10,000
Tata Realty And Infrastructure Limited Debentures \| -	3%	₹360 Cr	36,000
Hindalco Industries Limited Debentures \| -	3%	₹350 Cr	35,000
Bharti Telecom Limited Debentures \| -	3%	₹324 Cr	3,250
Pipeline Infrastructure Limited Debentures \| -	3%	₹310 Cr	3,100
National Bank For Agriculture And Rural Development Debentures \| -	2%	₹302 Cr	3,035
National Bank For Agriculture And Rural Development Debentures \| -	2%	₹267 Cr	2,750
Nirma Limited 8.3% Debentures \| -	2%	₹250 Cr	25,000

2. ICICI Prudential Ultra Short Term Fund

(Erstwhile ICICI Prudential Regular Income Fund)

The fund’s objective is to generate regular income through investments primarily in debt and money market instruments. As a secondary objective, the Scheme also seeks to generate long term capital appreciation from the portion of equity investments under the Scheme.

ICICI Prudential Ultra Short Term Fund is a Debt - Ultrashort Bond fund was launched on 3 May 11. It is a fund with Moderate risk and has given a CAGR/Annualized return of 7.5% since its launch. Ranked 27 in Ultrashort Bond category. Return for 2023 was 6.9% , 2022 was 4.5% and 2021 was 4% .

Below is the key information for ICICI Prudential Ultra Short Term Fund

ICICI Prudential Ultra Short Term Fund Growth
Launch Date	3 May 11
NAV (18 Apr 24)	₹25.4217 ↑ 0.01 (0.03 %)
Net Assets (Cr)	₹13,883 on 29 Feb 24
Category	Debt - Ultrashort Bond
AMC	ICICI Prudential Asset Management Company Limited
Rating	☆☆☆
Risk	Moderate
Expense Ratio	0.86
Sharpe Ratio	0.54
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	1,000
Exit Load	0-1 Months (0.5%),1 Months and above(NIL)
Yield to Maturity	7.97%
Effective Maturity	4 Months 24 Days
Modified Duration	4 Months 13 Days

Growth of 10,000 investment over the years.

Date	Value
31 Mar 19	₹10,000
31 Mar 20	₹10,791
31 Mar 21	₹11,427
31 Mar 22	₹11,880
31 Mar 23	₹12,512
31 Mar 24	₹13,412

ICICI Prudential Ultra Short Term Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132 Invest Now

Returns for ICICI Prudential Ultra Short Term Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Apr 24

Duration	Returns
1 Month	0.8%
3 Month	2%
6 Month	3.7%
1 Year	7.2%
3 Year	5.6%
5 Year	6.1%
10 Year
15 Year
Since launch	7.5%

Historical performance (Yearly) on absolute basis

Year	Returns
2023	6.9%
2022	4.5%
2021	4%
2020	6.5%
2019	8.4%
2018	7.5%
2017	6.9%
2016	9.8%
2015	9.1%
2014	14.8%

Fund Manager information for ICICI Prudential Ultra Short Term Fund

Name	Since	Tenure
Manish Banthia	15 Nov 16	7.38 Yr.
Ritesh Lunawat	15 Jun 17	6.8 Yr.

Data below for ICICI Prudential Ultra Short Term Fund as on 29 Feb 24

Asset Allocation

Asset Class	Value
Cash	58.47%
Debt	41.29%
Other	0.25%

Debt Sector Allocation

Sector	Value
Corporate	53.47%
Cash Equivalent	34.95%
Government	11.34%

Credit Quality

Rating	Value
AA	13.68%
AAA	86.32%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
India (Republic of) - \| -	3%	₹376 Cr	40,000,000
India (Republic of) - \| -	3%	₹374 Cr	40,000,000 ↑ 40,000,000
Bharti Telecom Limited Debentures \| -	3%	₹340 Cr	34,000 ↑ 14,000
LIC Housing Finance Ltd Debentures \| -	2%	₹295 Cr	2,950
India (Republic of) - \| -	2%	₹285 Cr	30,000,000
HDFC Bank Ltd. Debentures \| -	2%	₹280 Cr	6,000
National Bank For Agriculture And Rural Development Debentures \| -	2%	₹275 Cr	2,750
Indusind Bank Ltd. Debentures \| -	2%	₹234 Cr	5,000
Indusind Bank Ltd. Debentures \| -	2%	₹210 Cr	4,500
Mahindra Rural Housing Finance Limited Debentures \| -	1%	₹200 Cr	2,000

3. UTI Ultra Short Term Fund

(Erstwhile UTI - Floating Rate Fund - Short Term Plan)

To generate regular income through investment in a portfolio comprising substantially of floating rate debt / money market instruments, fixed rate debt / money market instruments swapped for floating rate returns. The Scheme may also invest a portion of its net assets in fixed rate debt securities and money market instruments .However there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee / indicate any returns.

UTI Ultra Short Term Fund is a Debt - Ultrashort Bond fund was launched on 29 Aug 03. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 6.8% since its launch. Ranked 27 in Ultrashort Bond category. Return for 2023 was 6.7% , 2022 was 4.2% and 2021 was 6.1% .

Below is the key information for UTI Ultra Short Term Fund

UTI Ultra Short Term Fund Growth
Launch Date	29 Aug 03
NAV (18 Apr 24)	₹3,901.35 ↑ 1.31 (0.03 %)
Net Assets (Cr)	₹2,197 on 29 Feb 24
Category	Debt - Ultrashort Bond
AMC	UTI Asset Management Company Ltd
Rating	☆☆☆☆
Risk	Moderately Low
Expense Ratio	0.95
Sharpe Ratio	-0.43
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	500
Exit Load	NIL
Yield to Maturity	7.92%
Effective Maturity	6 Months
Modified Duration	5 Months 20 Days

Growth of 10,000 investment over the years.

Date	Value
31 Mar 19	₹10,000
31 Mar 20	₹10,249
31 Mar 21	₹10,759
31 Mar 22	₹11,426
31 Mar 23	₹11,994
31 Mar 24	₹12,828

UTI Ultra Short Term Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169 Invest Now

Returns for UTI Ultra Short Term Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Apr 24

Duration	Returns
1 Month	0.7%
3 Month	1.9%
6 Month	3.6%
1 Year	7%
3 Year	6.1%
5 Year	5.1%
10 Year
15 Year
Since launch	6.8%

Historical performance (Yearly) on absolute basis

Year	Returns
2023	6.7%
2022	4.2%
2021	6.1%
2020	5.3%
2019	3.3%
2018	7%
2017	6.6%
2016	8.9%
2015	8.5%
2014	8.8%

Fund Manager information for UTI Ultra Short Term Fund

Name	Since	Tenure
Ritesh Nambiar	1 Jul 15	8.76 Yr.

Data below for UTI Ultra Short Term Fund as on 29 Feb 24

Asset Allocation

Asset Class	Value
Cash	69.83%
Debt	29.95%
Other	0.22%

Debt Sector Allocation

Sector	Value
Corporate	51.82%
Cash Equivalent	41.62%
Government	6.34%

Credit Quality

Rating	Value
AA	20.4%
AAA	79.6%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
364 DTB 22032024 Sovereign Bonds \| -	4%	₹100 Cr	1,000,000,000
G R Infraprojects Limited Debentures \| -	2%	₹50 Cr	500
182 DTB 29032024 Sovereign Bonds \| -	2%	₹50 Cr	500,000,000
LIC Housing Finance Ltd Debentures \| -	2%	₹50 Cr	500
National Bank For Agriculture And Rural Development Debentures \| -	2%	₹50 Cr	500
National Bank For Agriculture And Rural Development Debentures \| -	2%	₹49 Cr	500 ↑ 250
ICICI Bank Ltd. Debentures \| -	2%	₹47 Cr	500,000,000
Jamnagar Utilities & Power Private Limited Debentures \| -	2%	₹40 Cr	400
Axis Finance Limited Debentures \| -	1%	₹28 Cr	250 ↑ 250
India Grid TRust Debentures \| -	1%	₹25 Cr	250

4. Kotak Savings Fund

(Erstwhile Kotak Treasury Advantage Fund)

The investment objective of the Scheme is to generate returns through investments in debt and money market instruments with a view to reduce the interest rate risk. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.

Kotak Savings Fund is a Debt - Ultrashort Bond fund was launched on 13 Aug 04. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 7.2% since its launch. Ranked 44 in Ultrashort Bond category. Return for 2023 was 6.8% , 2022 was 4.5% and 2021 was 3.2% .

Below is the key information for Kotak Savings Fund

Kotak Savings Fund Growth
Launch Date	13 Aug 04
NAV (18 Apr 24)	₹39.4334 ↑ 0.01 (0.03 %)
Net Assets (Cr)	₹12,814 on 29 Feb 24
Category	Debt - Ultrashort Bond
AMC	Kotak Mahindra Asset Management Co Ltd
Rating	☆☆☆
Risk	Moderately Low
Expense Ratio	0.47
Sharpe Ratio	-0.18
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	1,000
Exit Load	NIL
Yield to Maturity	7.89%
Effective Maturity	7 Months 24 Days
Modified Duration	5 Months 23 Days

Growth of 10,000 investment over the years.

Date	Value
31 Mar 19	₹10,000
31 Mar 20	₹10,712
31 Mar 21	₹11,259
31 Mar 22	₹11,646
31 Mar 23	₹12,251
31 Mar 24	₹13,108

Kotak Savings Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169 Invest Now

Returns for Kotak Savings Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Apr 24

Duration	Returns
1 Month	0.7%
3 Month	1.9%
6 Month	3.6%
1 Year	7%
3 Year	5.3%
5 Year	5.6%
10 Year
15 Year
Since launch	7.2%

Historical performance (Yearly) on absolute basis

Year	Returns
2023	6.8%
2022	4.5%
2021	3.2%
2020	5.8%
2019	7.8%
2018	7.4%
2017	6.7%
2016	8.2%
2015	8.6%
2014	9.4%

Fund Manager information for Kotak Savings Fund

Name	Since	Tenure
Deepak Agrawal	15 Apr 08	15.97 Yr.
Manu Sharma	1 Nov 22	1.42 Yr.
Palha Khanna	3 Jul 23	0.75 Yr.

Data below for Kotak Savings Fund as on 29 Feb 24

Asset Allocation

Asset Class	Value
Cash	38.08%
Debt	61.69%
Other	0.24%

Debt Sector Allocation

Sector	Value
Corporate	65.7%
Government	22.95%
Cash Equivalent	11.12%

Credit Quality

Rating	Value
AA	9.48%
AAA	90.52%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Union Bank of India Domestic Bonds \| -	4%	₹466 Cr	50,000
Rural Electrification Corporation Limited Debentures \| -	4%	₹458 Cr	4,600 ↑ 2,500
182 DTB 22082024 Sovereign Bonds \| -	3%	₹437 Cr	45,000,000
India (Republic of) - \| -	3%	₹387 Cr	40,000,010 ↑ 40,000,010
India (Republic of) - \| -	3%	₹386 Cr	40,000,000 ↑ 40,000,000
India (Republic of) - \| -	3%	₹376 Cr	40,000,000
Mahindra And Mahindra Financial Services Limited Debentures \| -	3%	₹349 Cr	3,500
Nirma Limited 0.083% Debentures \| -	2%	₹250 Cr	25,000 ↑ 5,000
182 DTB 29082024 Sovereign Bonds \| -	2%	₹242 Cr	25,000,000
IDFC First Bank Ltd. Debentures \| -	2%	₹233 Cr	25,000

5. Nippon India Ultra Short Duration Fund

(Erstwhile Reliance Liquid Fund - Cash Plan)

The investment objective of the Scheme is to generate optimal returns consistent with moderate levels of risk and high liquidity. Accordingly, investments shall predominantly be made in Debt and Money Market Instruments.

Nippon India Ultra Short Duration Fund is a Debt - Ultrashort Bond fund was launched on 7 Dec 01. It is a fund with Low risk and has given a CAGR/Annualized return of 6% since its launch. Ranked 62 in Ultrashort Bond category. Return for 2023 was 6.7% , 2022 was 4.6% and 2021 was 7.8% .

Below is the key information for Nippon India Ultra Short Duration Fund

Nippon India Ultra Short Duration Fund Growth
Launch Date	7 Dec 01
NAV (18 Apr 24)	₹3,705.61 ↑ 1.22 (0.03 %)
Net Assets (Cr)	₹5,478 on 29 Feb 24
Category	Debt - Ultrashort Bond
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆
Risk	Low
Expense Ratio	1.17
Sharpe Ratio	-0.75
Information Ratio	0
Alpha Ratio	0
Min Investment	100
Min SIP Investment	100
Exit Load	NIL
Yield to Maturity	7.89%
Effective Maturity	5 Months 25 Days
Modified Duration	5 Months 7 Days

Growth of 10,000 investment over the years.

Date	Value
31 Mar 19	₹10,000
31 Mar 20	₹9,975
31 Mar 21	₹10,468
31 Mar 22	₹11,275
31 Mar 23	₹11,861
31 Mar 24	₹12,682

Nippon India Ultra Short Duration Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹194,235.
Net Profit of ₹14,235 Invest Now

Returns for Nippon India Ultra Short Duration Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Apr 24

Duration	Returns
1 Month	0.7%
3 Month	1.9%
6 Month	3.6%
1 Year	6.9%
3 Year	6.7%
5 Year	4.9%
10 Year
15 Year
Since launch	6%

Historical performance (Yearly) on absolute basis

Year	Returns
2023	6.7%
2022	4.6%
2021	7.8%
2020	4.9%
2019	0.9%
2018	7.3%
2017	5.8%
2016	6.8%
2015	7.6%
2014	8.4%

Fund Manager information for Nippon India Ultra Short Duration Fund

Name	Since	Tenure
Vivek Sharma	1 Oct 13	10.5 Yr.
Kinjal Desai	25 May 18	5.85 Yr.
Akshay Sharma	1 Dec 22	1.33 Yr.

Data below for Nippon India Ultra Short Duration Fund as on 29 Feb 24

Asset Allocation

Asset Class	Value
Cash	56.59%
Debt	43.15%
Other	0.26%

Debt Sector Allocation

Sector	Value
Corporate	57.24%
Cash Equivalent	27.6%
Government	14.9%

Credit Quality

Rating	Value
AA	18.47%
AAA	81.53%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
India (Republic of) - \| -	9%	₹483 Cr	50,000,000 ↑ 50,000,000
Canara Bank Domestic Bonds \| -	5%	₹270 Cr	5,500 ↑ 5,500
Indinfravit Trust Debentures \| -	4%	₹216 Cr	22,000
Dlf Cyber City Developers Ltd Debentures \| -	3%	₹187 Cr	1,890
Power Finance Corporation Limited Debentures \| -	2%	₹101 Cr	1,000
PNb Housing Finance Limited Debentures \| -	2%	₹100 Cr	10,000
L&T Metro Rail (Hyderabad) Limited Debentures \| -	2%	₹98 Cr	1,000
182 DTB 22082024 Sovereign Bonds \| -	2%	₹97 Cr	10,000,000
Shriram Transport Finance Company Limited Debentures \| -	2%	₹95 Cr	9,500
Indusind Bank Ltd. Debentures \| -	2%	₹93 Cr	2,000 ↑ 2,000

6. DSP BlackRock Money Manager Fund

"The primary investment objective of the Scheme is to seek to generate reasonable returns commensurate with low risk and a high degree of liquidity, from a portfolio constituted of money market securities and high quality debt securities. However, there can be no assurance that the investment objective of the Scheme will be realized."

DSP BlackRock Money Manager Fund is a Debt - Ultrashort Bond fund was launched on 31 Jul 06. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 6.7% since its launch. Ranked 75 in Ultrashort Bond category. Return for 2023 was 6.7% , 2022 was 4.1% and 2021 was 2.9% .

Below is the key information for DSP BlackRock Money Manager Fund

DSP BlackRock Money Manager Fund Growth
Launch Date	31 Jul 06
NAV (18 Apr 24)	₹3,136.52 ↑ 1.02 (0.03 %)
Net Assets (Cr)	₹2,771 on 29 Feb 24
Category	Debt - Ultrashort Bond
AMC	DSP BlackRock Invmt Managers Pvt. Ltd.
Rating	☆☆
Risk	Moderately Low
Expense Ratio	1.02
Sharpe Ratio	-0.8
Information Ratio	0
Alpha Ratio	0
Min Investment	1,000
Min SIP Investment	500
Exit Load	NIL
Yield to Maturity	7.78%
Effective Maturity	5 Months 16 Days
Modified Duration	5 Months 5 Days

Growth of 10,000 investment over the years.

Date	Value
31 Mar 19	₹10,000
31 Mar 20	₹10,657
31 Mar 21	₹11,098
31 Mar 22	₹11,438
31 Mar 23	₹11,989
31 Mar 24	₹12,812

DSP BlackRock Money Manager Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169 Invest Now

Returns for DSP BlackRock Money Manager Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Apr 24

Duration	Returns
1 Month	0.7%
3 Month	1.8%
6 Month	3.6%
1 Year	6.9%
3 Year	5%
5 Year	5.1%
10 Year
15 Year
Since launch	6.7%

Historical performance (Yearly) on absolute basis

Year	Returns
2023	6.7%
2022	4.1%
2021	2.9%
2020	4.7%
2019	7.3%
2018	5%
2017	6%
2016	7.5%
2015	7.9%
2014	8.8%

Fund Manager information for DSP BlackRock Money Manager Fund

Name	Since	Tenure
Kedar Karnik	17 Jul 16	7.71 Yr.
Karan Mundhra	31 May 21	2.84 Yr.

Data below for DSP BlackRock Money Manager Fund as on 29 Feb 24

Asset Allocation

Asset Class	Value
Cash	69.78%
Debt	29.98%
Other	0.25%

Debt Sector Allocation

Sector	Value
Corporate	57.66%
Cash Equivalent	25.99%
Government	16.11%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
National Bank For Agriculture And Rural Development Debentures \| -	4%	₹104 Cr	1,000
182 DTB 27062024 Sovereign Bonds \| -	3%	₹83 Cr	8,500,000
7.35% Govt Stock 2024 Sovereign Bonds \| -	3%	₹79 Cr	7,800,000
LIC Housing Finance Ltd Debentures \| -	3%	₹78 Cr	750
182 DTB 25072024 Sovereign Bonds \| -	3%	₹73 Cr	7,500,000
LIC Housing Finance Ltd Debentures \| -	3%	₹72 Cr	700
Bajaj Housing Finance Limited Debentures \| -	2%	₹52 Cr	500
National Bank For Agriculture And Rural Development Debentures \| -	2%	₹51 Cr	500
182 DTB 18072024 Sovereign Bonds \| -	2%	₹49 Cr	5,000,000
Grasim Industries Limited Debentures \| -	2%	₹48 Cr	450

7. Invesco India Ultra Short Term Fund

(Erstwhile Invesco India Medium Term Bond Fund)

The objective is to generate regular income and capital appreciation by investing in a portfolio of medium term debt and money market instruments.

Invesco India Ultra Short Term Fund is a Debt - Ultrashort Bond fund was launched on 30 Dec 10. It is a fund with Moderate risk and has given a CAGR/Annualized return of 7.1% since its launch. Ranked 40 in Ultrashort Bond category. Return for 2023 was 6.6% , 2022 was 4.1% and 2021 was 3% .

Below is the key information for Invesco India Ultra Short Term Fund

Invesco India Ultra Short Term Fund Growth
Launch Date	30 Dec 10
NAV (18 Apr 24)	₹2,479.25 ↑ 1.03 (0.04 %)
Net Assets (Cr)	₹630 on 29 Feb 24
Category	Debt - Ultrashort Bond
AMC	Invesco Asset Management (India) Private Ltd
Rating	☆☆☆
Risk	Moderate
Expense Ratio	0.89
Sharpe Ratio	0.24
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	1,000
Exit Load	NIL
Yield to Maturity	7.74%
Effective Maturity	5 Months 24 Days
Modified Duration	5 Months 12 Days

Growth of 10,000 investment over the years.

Date	Value
31 Mar 19	₹10,000
31 Mar 20	₹10,677
31 Mar 21	₹11,157
31 Mar 22	₹11,514
31 Mar 23	₹12,070
31 Mar 24	₹12,933

Invesco India Ultra Short Term Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169 Invest Now

Returns for Invesco India Ultra Short Term Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Apr 24

Duration	Returns
1 Month	0.7%
3 Month	2.1%
6 Month	3.8%
1 Year	7.2%
3 Year	5.1%
5 Year	5.3%
10 Year
15 Year
Since launch	7.1%

Historical performance (Yearly) on absolute basis

Year	Returns
2023	6.6%
2022	4.1%
2021	3%
2020	5.1%
2019	7.6%
2018	7.3%
2017	7.1%
2016	9.1%
2015	8.3%
2014	10.1%

Fund Manager information for Invesco India Ultra Short Term Fund

Name	Since	Tenure
Krishna Cheemalapati	4 Jan 20	4.24 Yr.
Vikas Garg	27 Jul 21	2.68 Yr.

Data below for Invesco India Ultra Short Term Fund as on 29 Feb 24

Asset Allocation

Asset Class	Value
Cash	43.05%
Debt	56.61%
Other	0.34%

Debt Sector Allocation

Sector	Value
Corporate	56%
Cash Equivalent	24.79%
Government	18.88%

Credit Quality

Rating	Value
AA	26.41%
AAA	73.59%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Pipeline Infrastructure Limited Debentures \| -	6%	₹35 Cr	3,500,000
India (Republic of) - \| -	6%	₹34 Cr	3,500,000 ↑ 3,500,000
Power Grid Corporation Of India Limited Debentures \| -	4%	₹25 Cr	2,500,000 ↑ 1,500,000
Jamnagar Utilities & Power Private Limited Debentures \| -	4%	₹25 Cr	2,500,000
National Bank For Agriculture And Rural Development Debentures \| -	4%	₹25 Cr	2,500,000
182 DTB 22082024 Sovereign Bonds \| -	4%	₹24 Cr	2,500,000 ↑ 2,500,000
Power Finance Corporation Limited Debentures \| -	3%	₹20 Cr	2,000,000 ↑ 2,000,000
LIC Housing Finance Ltd Debentures \| -	3%	₹20 Cr	2,000,000
Bharti Hexacom Limited Debentures \| -	3%	₹20 Cr	2,000,000
PNb Housing Finance Limited Debentures \| -	2%	₹15 Cr	1,500,000

8. SBI Magnum Ultra Short Duration Fund

(Erstwhile SBI Magnum InstaCash Fund)

To provide the investors an opportunity to earn returns through investment in debt & money market securities, while having the benefit of a very high degree of liquidity.

SBI Magnum Ultra Short Duration Fund is a Debt - Ultrashort Bond fund was launched on 21 May 99. It is a fund with Low risk and has given a CAGR/Annualized return of 7.1% since its launch. Return for 2023 was 7% , 2022 was 4.5% and 2021 was 3.4% .

Below is the key information for SBI Magnum Ultra Short Duration Fund

SBI Magnum Ultra Short Duration Fund Growth
Launch Date	21 May 99
NAV (18 Apr 24)	₹5,484.04 ↑ 2.03 (0.04 %)
Net Assets (Cr)	₹9,213 on 29 Feb 24
Category	Debt - Ultrashort Bond
AMC	SBI Funds Management Private Limited
Rating	☆☆☆
Risk	Low
Expense Ratio	0.49
Sharpe Ratio	0.69
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	500
Exit Load	NIL
Yield to Maturity	7.68%
Effective Maturity	5 Months 8 Days
Modified Duration	4 Months 28 Days

Growth of 10,000 investment over the years.

Date	Value
31 Mar 19	₹10,000
31 Mar 20	₹10,732
31 Mar 21	₹11,286
31 Mar 22	₹11,691
31 Mar 23	₹12,291
31 Mar 24	₹13,175

SBI Magnum Ultra Short Duration Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169 Invest Now

Returns for SBI Magnum Ultra Short Duration Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Apr 24

Duration	Returns
1 Month	0.7%
3 Month	1.9%
6 Month	3.7%
1 Year	7.2%
3 Year	5.4%
5 Year	5.7%
10 Year
15 Year
Since launch	7.1%

Historical performance (Yearly) on absolute basis

Year	Returns
2023	7%
2022	4.5%
2021	3.4%
2020	5.9%
2019	8%
2018	7.9%
2017	6.6%
2016	7.7%
2015	8.3%
2014	9%

Fund Manager information for SBI Magnum Ultra Short Duration Fund

Name	Since	Tenure
Arun R.	1 Jun 21	2.83 Yr.
Ardhendu Bhattacharya	1 Dec 23	0.33 Yr.
Pradeep Kesavan	1 Dec 23	0.33 Yr.

Data below for SBI Magnum Ultra Short Duration Fund as on 29 Feb 24

Asset Allocation

Asset Class	Value
Cash	66.11%
Debt	33.59%
Other	0.3%

Debt Sector Allocation

Sector	Value
Corporate	56.22%
Cash Equivalent	35.98%
Government	7.5%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
91 DTB 25042024 Sovereign Bonds \| -	7%	₹645 Cr	65,000,000
182 DTB 06062024 Sovereign Bonds \| -	6%	₹591 Cr	60,000,000 ↑ 60,000,000
Tata Teleservices Ltd Debentures \| -	4%	₹379 Cr	8,000 ↑ 8,000
Panatone Finvest Ltd Debentures \| -	3%	₹280 Cr	6,000
Kotak Mahindra Bank Ltd. Debentures \| -	3%	₹264 Cr	5,500
Rural Electrification Corporation Limited Debentures \| -	3%	₹258 Cr	2,600
RBL Bank Ltd. Debentures \| -	2%	₹236 Cr	5,000 ↑ 5,000
Equitas Small Finance Bank Ltd. Debentures \| -	2%	₹235 Cr	5,000 ↑ 5,000
HDFC Bank Ltd. Debentures \| -	2%	₹232 Cr	5,000 ↑ 5,000
LIC Housing Finance Ltd Debentures \| -	2%	₹215 Cr	2,150 ↓ -600

9. LIC MF Liquid Fund

An open ended scheme which seeks to generate reasonable returns with low risk and high liquidity through a judicious mix of investment in money market instruments and quality debt instruments. However, there is no assurance that the investment objective of the Scheme will be realised.

LIC MF Liquid Fund is a Debt - Liquid Fund fund was launched on 11 Mar 02. It is a fund with Low risk and has given a CAGR/Annualized return of 6.9% since its launch. Ranked 25 in Liquid Fund category. Return for 2023 was 7% , 2022 was 4.7% and 2021 was 3.3% .

Below is the key information for LIC MF Liquid Fund

LIC MF Liquid Fund Growth
Launch Date	11 Mar 02
NAV (18 Apr 24)	₹4,347.01 ↑ 0.82 (0.02 %)
Net Assets (Cr)	₹12,120 on 29 Feb 24
Category	Debt - Liquid Fund
AMC	LIC Mutual Fund Asset Mgmt Co Ltd
Rating	☆☆☆
Risk	Low
Expense Ratio	0.27
Sharpe Ratio	0.89
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	1,000
Exit Load	NIL
Yield to Maturity	7.66%
Effective Maturity	1 Month 12 Days
Modified Duration	1 Month 12 Days

Growth of 10,000 investment over the years.

Date	Value
31 Mar 19	₹10,000
31 Mar 20	₹10,620
31 Mar 21	₹10,997
31 Mar 22	₹11,363
31 Mar 23	₹11,996
31 Mar 24	₹12,855

LIC MF Liquid Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169 Invest Now

Returns for LIC MF Liquid Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Apr 24

Duration	Returns
1 Month	0.7%
3 Month	1.9%
6 Month	3.7%
1 Year	7.2%
3 Year	5.4%
5 Year	5.2%
10 Year
15 Year
Since launch	6.9%

Historical performance (Yearly) on absolute basis

Year	Returns
2023	7%
2022	4.7%
2021	3.3%
2020	4.3%
2019	6.5%
2018	7.3%
2017	6.6%
2016	7.6%
2015	8.4%
2014	9%

Fund Manager information for LIC MF Liquid Fund

Name	Since	Tenure
Rahul Singh	5 Oct 15	8.49 Yr.

Data below for LIC MF Liquid Fund as on 29 Feb 24

Asset Allocation

Asset Class	Value
Cash	95.27%
Debt	4.53%
Other	0.2%

Debt Sector Allocation

Sector	Value
Cash Equivalent	68.47%
Corporate	23.57%
Government	7.76%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Larsen And Toubro Limited Commercial Paper \| -	6%	₹749 Cr	15,000 ↓ -1,000
Net Receivables / (Payables) CBLO \| -	5%	-₹682 Cr
91 DTB 02052024 Sovereign Bonds \| -	4%	₹496 Cr	50,000,000
Canara Bank Domestic Bonds \| -	3%	₹442 Cr	9,000 ↑ 9,000
91 DTB 23052024 Sovereign Bonds \| -	3%	₹395 Cr	40,000,000 ↑ 40,000,000
Birla Group Holdings Private Limited Debentures \| -	3%	₹387 Cr	7,900 ↑ 7,900
364 DTB 23052024 Sovereign Bonds \| -	3%	₹355 Cr	36,000,000 ↑ 36,000,000
HDFC Bank Limited Certificate of Deposit \| -	3%	₹344 Cr	7,000 ↑ 7,000
Small Industries Development Bank Of India Certificate of Deposit \| -	2%	₹298 Cr	6,000
India (Republic of) - \| -	2%	₹297 Cr	30,000,000

10. Principal Ultra Short Term Fund

(Erstwhile Principal Retail Money Manager Fund)

To generate steady return by investing in debt and money market securities. The portfolio will be predominantly invested in overnight repo, CBLO, floating rate instruments and other fixed income instruments.

Principal Ultra Short Term Fund is a Debt - Ultrashort Bond fund was launched on 28 Dec 07. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 5.8% since its launch. Ranked 43 in Ultrashort Bond category. Return for 2023 was 6.1% , 2022 was 3.7% and 2021 was 2.7% .

Below is the key information for Principal Ultra Short Term Fund

Principal Ultra Short Term Fund Growth
Launch Date	28 Dec 07
NAV (18 Apr 24)	₹2,492.07 ↑ 0.71 (0.03 %)
Net Assets (Cr)	₹1,839 on 29 Feb 24
Category	Debt - Ultrashort Bond
AMC	Principal Pnb Asset Mgmt. Co. Priv. Ltd.
Rating	☆☆☆
Risk	Moderately Low
Expense Ratio	1.39
Sharpe Ratio	-3.09
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	2,000
Exit Load	NIL
Yield to Maturity	7.61%
Effective Maturity	5 Months 18 Days
Modified Duration	5 Months 14 Days

Growth of 10,000 investment over the years.

Date	Value
31 Mar 19	₹10,000
31 Mar 20	₹10,590
31 Mar 21	₹10,955
31 Mar 22	₹11,257
31 Mar 23	₹11,768
31 Mar 24	₹12,497

Principal Ultra Short Term Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹194,235.
Net Profit of ₹14,235 Invest Now

Returns for Principal Ultra Short Term Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Apr 24

Duration	Returns
1 Month	0.7%
3 Month	1.7%
6 Month	3.2%
1 Year	6.2%
3 Year	4.6%
5 Year	4.6%
10 Year
15 Year
Since launch	5.8%

Historical performance (Yearly) on absolute basis

Year	Returns
2023	6.1%
2022	3.7%
2021	2.7%
2020	4.1%
2019	6.5%
2018	1.2%
2017	6.3%
2016	7.9%
2015	8.8%
2014	9.4%

Fund Manager information for Principal Ultra Short Term Fund

Name	Since	Tenure
Dwijendra Srivastava	16 May 22	1.88 Yr.
Sandeep Agarwal	1 Jan 22	2.25 Yr.

Data below for Principal Ultra Short Term Fund as on 29 Feb 24

Asset Allocation

Asset Class	Value
Cash	71.86%
Debt	27.9%
Other	0.24%

Debt Sector Allocation

Sector	Value
Corporate	48%
Cash Equivalent	37.35%
Government	14.4%

Credit Quality

Rating	Value
AA	4.86%
AAA	95.14%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
182 DTB 29082024 Sovereign Bonds \| -	5%	₹97 Cr	10,000,000
Canara Bank Domestic Bonds \| -	4%	₹74 Cr	1,500 ↑ 1,500
Bharti Telecom Limited Debentures \| -	3%	₹50 Cr	5,000
IDFC First Bank Ltd. Debentures \| -	3%	₹49 Cr	1,000 ↑ 1,000
Punjab National Bank Domestic Bonds \| -	2%	₹47 Cr	1,000
Union Bank of India Domestic Bonds \| -	2%	₹37 Cr	800
IDFC First Bank Ltd. Debentures \| -	2%	₹31 Cr	660
LIC Housing Finance Ltd Debentures \| -	2%	₹29 Cr	300 ↑ 300
ICICI Bank Ltd. Debentures \| -	1%	₹28 Cr	600
HDFC Bank Ltd. Debentures \| -	1%	₹28 Cr	600

Disclaimer:
यहां प्रदान की गई जानकारी सटीक है, यह सुनिश्चित करने के लिए सभी प्रयास किए गए हैं। हालांकि, डेटा की शुद्धता के संबंध में कोई गारंटी नहीं दी जाती है। कृपया कोई भी निवेश करने से पहले योजना सूचना दस्तावेज के साथ सत्यापित करें।